Facebook fined $70 million by UK regulators for not cooperating on Giphy acquisition investigation

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Judul : Facebook fined $70 million by UK regulators for not cooperating on Giphy acquisition investigation
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Facebook fined $70 million by UK regulators for not cooperating on Giphy acquisition investigation


Facebook acquired Giphy over a year ago for an undisclosed sum, but some reports claim the deal was valued at around $400 million. Soon after the takeover, the UK antitrust watchdog opened an investigation concerning the merger due to how it could affect competition in various markets. At the start...

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